With trucks and containers parked outside, residents have been questioning what is happening at the north Auckland pool complex.
On October 25, a notice appeared on the facility’s front door, issued by land owner Waiwera Properties, cancelling its lease.
Now, leaseholder Waiwera Thermal Resort is fighting back, applying for an injunction against Waiwera Properties.
Waiwera Thermal requested fixtures not be removed from the site, and Waiwera Properties has agreed to let them remain until arbitration proceedings take place in February.
At a preliminary court hearing on December 3, Waiwera Properties indicated more affidavits could be filed by other creditors.
A history of defaults on rental payments had culminated in the cancellation of the lease and the change of locks on the doors of Waiwera Thermal Resort, Waiwera Properties project director Evan Vertue said in a statement when the lease was cancelled.
“It’s a pity that it has come to this. We have reluctantly re-entered the premises due to continual tenant default and consider this option a last resort.
“We don’t welcome making this move, but we have no other option,” Vertue said.
According to Companies Office information, Russian billionaire Mikhail Khimich sold all his shares in two Waiwera businesses on November 22 to American diamond mogul Leon Fingerhut.
All shares are now in the hands of the Fingerhut’s Ordover Trust, located in Las Vegas.
Khimich is now listed as a former shareholder but remains a director for both companies.